GBP USD Technical Analysis April 4, 2019
The GBP rose 0.21% against the USD on Wednesday and closed at 1.3155. Today in the Europen session while preparing GBP USD technical analysis April 4, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3175, which is 0.15% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3118 and a fall through could take it to the next support level of 1.3082 The pair is expected to find its first resistance at 1.3194, and a rise through could take it to the next resistance level of 1.3232. For today the expected trading range is between 1.3082, Support and 1.3232 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3118 Support 2: 1.3182 Support 3: 1.3043
Resistance Levels: Resistance 1: 1.3194 Resistance 2: 1.3232 Resistance 3: 1.3268
GBP/USD Buying Opportunity for Intraday Trading April 4, 2019
Buy near the support area 1.3118 and 1.3082 as soon as you get reversal candlesticks using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
GBP/USD Selling Opportunity for Intraday Trading April 4, 2019
Sell near the resistance area 1.3194 and 1.3232 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
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